Your current location:Home >> Government >> Foreign Affairs >> Foreign Affairs Update
Han Zhen Meets US Secretary of the Treasury
03.01.2016
    On February 26, Han Zheng, member of the Political Bureau of the CPC Central Committee and secretary of the CPC Shanghai Municipal Committee, met with Jacob Lew, secretary of the treasury of the United States, who came to Shanghai to attend the G20 Finance Ministers and Central Bank Governors Meeting, and his party.
     
    Han Zhen briefed his American guests on the latest developments in Shanghai’s 13th Five-Year Plan for development and in the China (Shanghai) Pilot Free Trade Zone. He said that Shanghai is intensively implementing the concept of innovative, coordinated, green, opening and sharing development and, on the basis of steady economic development, pays more attention to quality and efficiency in economic development. In accordance with the plan and requirement by the central government, we are deepening the reforms at China (Shanghai) Pilot Free Trade Zone and, through expanding reforms, trying to make the FTZ better conform to market orientation, common international practice and China’s actual conditions. Many American businesses are keenly interested in the FTZ’s development and have been an active part of it. A number of members of the International Business Leaders’ Advisory Council for the Mayor of Shanghai are American business elite, who have offered many valuable and constructive suggestions for the reform and development of Shanghai. Also, Shanghai has maintained close exchange with different parts of the United States, including its sister cities Chicago and San Francisco, and we expect the two sides to have more pragmatic communication, expand consensus and steadily widen cooperation.
     
    Jacob Lew said that world economic development is in a critical period now and he expected the G20 Finance Ministers and Central Bank Governors Meeting to have effective discussions and make positive contributions to the global economic development. China (Shanghai) Pilot Free Trade Zone has attracted extensive attention in the world. This is important for the building of Shanghai international financial center and for the cooperation between the United States and China. He looked forward to having more communication and exchange and achieving common development.
     
    Tu Guangshao, member of the Standing Committee of the CPC Shanghai Municipal Committee and executive vice-mayor of Shanghai, was present at the meeting.